One sold out and one about to launch, attached dwellings are hot

Nigel Douglas and Bronwyn Edith have bought into Canopy Bardon and are loving the views.Source:Supplied

BRISBANE’S attached dwelling market is on the rise in the inner suburbs with Position Property reporting a sell out of 40 town homes in Bardon and a new project of 61 set to launch in The Gap later this month.

Canopy Bardon, developed by Pradella Property Ventures, sold out with the first residents moving in earlier this year.

Hive, set to be developed in The Gap by Lantona, is hoping for the same success.

Position Property director Richard Lawrence said there was a growing demand for townhomes that suited the needs of downsizers and young families.

“When designed well, they really are a great low-maintenance alternative to houses,” Mr Lawrence said.

With 38 out of the 40 townhomes at Canopy Bardon sold off the plan, Mr Lawrence said demand was on the increase.

“This outstanding level of demand provides further evidence that Brisbane’s attached dwelling market remains robust, especially for projects with a unique design that appeals to owner occupiers,” he said.

“Infill sites that are within a few kilometres of the city and large enough to accommodate quality projects like this are becoming increasingly rare. This scarcity will only grow given the new target of 60 per cent urban infill development in the draft South East Queensland Regional Plan.”

Canopy Bardon buyers Bronwyn Edith and Nigel Douglas consider their move to their new townhome to be both a downsize and an upgrade.

Canopy BardonSource:Supplied

“We chose the townhouse because we’ll have room for a garden wall and there’s a lot of space and a beautiful view. We’ve also got a little dog, so she can have some yard space in the grassed area,” Ms Edith said.

“The property has three bedrooms and a beautiful bathroom that looks out onto bushland. That was also a deciding factor for us, because the bathroom is just like a room with a beautiful view! We also have a deck outside, which creates even more openness.”

Mr Lawrence said Hive would deliver the same high standard as Canopy, offering a mix of three and four-bedroom designs across two and three storeys, all with generous balconies and terraces.

“Hive has many of the appealing elements that attracted owner occupiers to Canopy and we’re already receiving strong interest from buyers who are looking for a high standard of living and unique architecture in a bushland setting,” he said.

Hive is nestled into a protected nature reserve in the heart of The Gap with breathtaking views to Mt Coot-tha, just 10km’s from the CBD.

Hive at The Gap is offering 61 luxury premium townhomes with three and four-bedroom designs.Source:Supplied

The homes feature cedar timber detailing, double or triple lockup garages, an abundance of natural light, passive design principals to help reduce energy costs and open living spaces.

The project also features two barbecue spaces, a pool with a deck looking out to the nature reserve and Mt Coot-tha and an alfresco dining area.

“The days are gone when you can simply produce dull and unimaginative unit developments and expect that investors and owner occupiers will turn up just because of the location and price,” Mr Lawrence said.

“We are seeing more and more discerning buyers who know there is plenty of product on the market and can afford to pick and choose to get the architecture and style they want. Smart investors also know that the first rule of a successful investment property is that people must want to live there.”